Social housing project for low-income people in Da Nang officially has investor

Nguyễn Linh |

Da Nang - Da Nang City People's Committee has just officially approved the investor consortium to implement the Social Housing project at land plot No. 10 Trinh Cong Son.

On August 4, information from the office of Da Nang City People's Committee, this locality has issued a decision approving the results of selecting investors to implement the Social Housing project at land plot No. 10 Trinh Cong Son.

The winning bidder for project implementation is the ACD - Phuc Dong Joint Venture, composed of ACD Housing Development Joint Stock Company and Phuc Dong Housing Development Joint Stock Company. In addition to building the project, the investor commits to contribute 3 billion VND for social welfare activities suitable to local needs. The project implementation schedule is set within 814 days, calculated from the time the land is allocated.

At the same time, the Da Nang City Department of Construction also issued an official dispatch to implement the city's directives on rectifying, strengthening transparency and preventing negativity in the development and management of social housing.

For investors, the Department of Construction requires strict implementation of the order and procedures for buying and selling, calculating correctly and fully the costs to determine the selling price and lease-purchase price. Businesses are absolutely not allowed to collect deposits outside regulations or illegal expenses, and must proactively coordinate with functional forces to detect and strictly handle organizations, individuals, and brokerage exchanges that borrow the name of "support", "consulting" for profit. Investors are also responsible for publicly announcing the list of buyers and lease-purchasers after signing contracts to post on the Department of Construction's electronic information page to serve post-inspection work, avoid duplication of subjects, as well as regularly inspect the management and use situation to promptly transfer to functional agencies for handling violations.

On the side of people in need, the construction industry recommends that buyers should proactively learn carefully about information through official channels such as the Department of Construction's Electronic Information Page, commune-level People's Committees or local official newspapers. People must contact the investor directly for guidance, absolutely do not transact through brokers or believe in information about "diplomatic quotas", "internal quotas". The declaration of dossiers must ensure truthfulness; all fraudulent acts when detected will be considered for cancellation of appraisal results, contract cancellation, house revocation and administrative penalties according to the provisions of law.

Nguyễn Linh
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